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- New taxes take effect on April 1, 2009Newsday.com: Smokers hit with $0.62 cigarette tax... (March 30, 2009)
- Previously the highest increase was 10 centsNewsday.com: Smokers hit with $0.62 cigarette tax... (March 30, 2009)
- Chewing tobacco taxes also raised from 19 cents to 50 centsNewsday.com: Smokers hit with $0.62 cigarette tax... (March 30, 2009)
- Roll-your-own tobacco taxes going up from $1 per lb, to $24 per lb.YouTube: Jump In tobacco Tax ... (March 25, 2009)
- Tax increases to help fund Obama's health care planNewsday.com: Smokers hit with $0.62 cigarette tax... (March 30, 2009)
- Taxes to be used specifically for children's health care programsYouTube: Jump In tobacco Tax ... (March 25, 2009)
- Taxes expected to raise $33 billion over four and a half yearsNewsday.com: Smokers hit with $0.62 cigarette tax... (March 30, 2009)
- President Obama smokes cigarettesNewsday.com: Smokers hit with $0.62 cigarette tax... (March 30, 2009)
- 20 percent of the adult U.S. population smoke cigarettesNewsday.com: Smokers hit with $0.62 cigarette tax... (March 30, 2009)
- Campaign for Tobacco-Free Kids expect a drop of up to seven percent among young tobacco usersNewsday.com: Smokers hit with $0.62 cigarette tax... (March 30, 2009)
- Morningstar, an investment research firm, expects an overall drop in cigarette consumption of up to five percentNewsday.com: Smokers hit with $0.62 cigarette tax... (March 30, 2009)
- Philip Morris raised Marlboro brand prices 71 cents in advance of the tax hikeNewsday.com: Smokers hit with $0.62 cigarette tax... (March 30, 2009)
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The cigarette tax is a tax that is placed on cigarettes by the federal government. This tax is in addition to any state and local taxes on the retail price of the product. On April 1, 2009, cigarette taxes will see the largest increase ever at one time. The tax per package of cigarettes will rise from 39 cents to $1.01, a total of 62 cents more. Cigarette manufacturers are predicting a decrease in sales and, as a result, have already raised their prices as well, some as much as 81 cents per pack.Fox News: Single Largest Cigarette Tax Hike ... (March 29, 2009)
Pros and Cons
Proponents of the tax increase are in favor of the taxes not only to help fund children's health insurance programs, but also to help with public health. Each time the tax on cigarettes is increased, the number of users decreases. Supporters of the tax point out that a drop in users means less risk of cigarette-associated diseases, such as lung cancer.Those who oppose the tax hike feel that it is wrong for the government to raise the taxes on a small minority of the population to pay for a health program that would benefit the entire country. They also point out that many cigarette smokers are themselves poor and addicted to the nicotine content, and that taxing this segment of the population amounts to taking advantage of them.YouTube: Jump In tobacco Tax ... (March 25, 2009)
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Another cigarette tax hike in Ky. unlikely http://bit.ly/57ZXhd
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Isle of Wight County smokers choked up over possible cigarette ...: “We are not trying to tax any business out .. http://bit.ly/7nRKMY
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Isle of Wight County smokers choked up over possible cigarette ...: “We are not trying to tax any business out .. http://bit.ly/7nRKMY
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Bulgaria Parliament Approves Staggering Cigarette Tax Hike http://bit.ly/5sePUs
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Bulgaria Parliament Approves Cigarette Tax Hike http://cli.gs/ZGyGh
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